$82504.844555 USD

1.26%

ethereum

$1892.689239 USD

-1.30%

tether

$0.999740 USD

-0.02%

xrp

$2.203057 USD

3.15%

bnb

$557.061224 USD

-0.56%

solana

$124.046062 USD

0.09%

usd-coin

$0.999945 USD

-0.01%

cardano

$0.733683 USD

0.16%

dogecoin

$0.166831 USD

3.95%

tron

$0.221371 USD

-3.87%

pi

$1.656984 USD

20.95%

unus-sed-leo

$9.902995 USD

1.65%

hedera

$0.200991 USD

0.34%

chainlink

$13.098866 USD

0.86%

stellar

$0.254987 USD

0.46%

Cryptocurrency News Articles

Public Companies Held 592K BTC by the End of 2024, Up From 272K BTC at the Start of the Year

Mar 13, 2025 at 04:51 am

The amount of Bitcoin (BTC) held by public corporations reached 592,112 BTC in 2024, according to Bitcoin Treasuries data.

Bitwise head of research Ryan Rasmussen highlighted that the number is twice as much Bitcoin as institutions accumulated in the previous five years combined.

History of accumulation

On Jan. 1, 2024, the amount of Bitcoin held by publicly listed companies was 272,777 BTC.

Two significant accumulation leaps were registered in 2020 and 2021. During the first year of the COVID pandemic, institutions inched close to a 100,000 BTC stash. This increased significantly the following year, as the corporate-held amount surpassed 200,000 BTC.

However, the momentum was temporarily interrupted as publicly listed companies realized part of their Bitcoin stash, almost losing the 200,000 BTC threshold. The accumulation movement resumed in 2023 and sharply increased last year.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Mar 13, 2025